Colombia's left-wing candidate Iván Cepeda concedes presidential defeat
Colombian left-wing presidential candidate Senator Iván Cepeda has conceded defeat to right-wing businessman Abelardo de la Espriella. De la Espriella won the vote by less than a percentage point.
Colombian left-wing presidential candidate Senator Iván Cepeda has conceded defeat in a fiercely contested election. Right-wing businessman Abelardo de la Espriella was declared to be ahead by less than a percentage point.
De la Espriella's campaign was built on pledges to shrink the public bureaucracy and toughen security policy. The result signals a significant shift in the country's political direction.
The narrow margin reflects Colombia's deepening political polarisation. Observers are watching closely to see how the incoming administration will approach regional relations and economic policy.
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